Palau has signed the International Solar Alliance (ISA) Framework Agreement. Palau became the 76th country to sign the ISA Framework Agreement, which till now has been ratified by a total of 54 of the 76 countries. The ISA is an alliance of more than 122 countries initiated by India most of them being sunshine countries… Continue reading Palau signs International Solar Alliance Framework agreement
Tag: India
India set to sign US-like defence logistics sharing pact with Russia
India and Russia are finalising a defence agreement called the Agreement on Reciprocal Logistics Support(ARLS). The agreement will simplify interoperability and enable military platforms to receive support and supplies across bases in both nations. Currently,India has a defence logistics sharing agreement with the US.A similar agreement was also inked with France in 2018. Further,if the… Continue reading India set to sign US-like defence logistics sharing pact with Russia
India draws new ‘red lines’ for talks on Afghan peace process
India has shared a table with the Taliban for the first time in November, 2018.India has now spelt out its three new red lines on the peace and reconciliation process in Afghanistan. The first is that all initiatives and processes must include all sections of the Afghan society including the legitimately elected government.This is important… Continue reading India draws new ‘red lines’ for talks on Afghan peace process
India, Russia seek to skirt US sanctions threat to arms deals
Russia and India have agreed on a new mechanism which will allow payments for multi-billion dollar defence deals to be made using their own national currencies. This mechanism was established after Indian banks with exposure to the US had suspended payments and instalments to Russia to avoid the threat of punitive sanctions under Countering America’s… Continue reading India, Russia seek to skirt US sanctions threat to arms deals
No intent to exclude India from Afghan diplomacy: China
China has tried to reassure India that it does not intend to exclude India from international diplomacy on Afghanistan. This assurance came after India was excluded from the quadrilateral talks among China,Russia, the U.S. and Pakistan on the Afghanistan peace process. The four countries had jointly urged the Taliban to immediately agree to a ceasefire… Continue reading No intent to exclude India from Afghan diplomacy: China
Sri Lanka keen on enhancing connectivity with Indian ports
The Sri Lanka Ports Authority(SLPA) chairman has said that Srilanka is keen on enhancing connectivity with Indian ports using ferry services. The chairman said that the two countries can set up a ferry service connecting Kankesanthurai port(KKS) in Jaffna with Karaikal near Puducherry and similarly between Colombo and Tuticorin in south India. This ferry service… Continue reading Sri Lanka keen on enhancing connectivity with Indian ports
Chinese President Xi Jinping and PM Modi to meet in Varanasi on October 12
Chinese President will be visiting the ancient city of Varanasi to attend the second informal summit after Wuhan.The summit will be hosted by Indian Prime Minister(PM). This summit will also mark the completion of 70 years since diplomatic relations between India and China came into existence. This high-level mechanism is only the third ministerial level… Continue reading Chinese President Xi Jinping and PM Modi to meet in Varanasi on October 12
Why is India opting for overseas bonds?
Finance Minister has announced in the Budget that it plans to raise a portion of its gross borrowing from overseas markets using sovereign bonds. A government bond or sovereign bond is a form of debt that the government undertakes wherein it issues bonds with the promise to pay periodic interest payments and also repay the… Continue reading Why is India opting for overseas bonds?
India urges Commonwealth to readmit Maldives as member
India has called for fast-tracking the process of readmitting Maldives into the Commonwealth. Maldives had left the Commonwealth in 2016 at the height of political turmoil in the country.However,the situation in Maldives changed in 2018 when a new president came to power. Commonwealth of Nations is an international intergovernmental organization of countries that were mostly… Continue reading India urges Commonwealth to readmit Maldives as member
Lifting 271 mn out of poverty in 10 yrs,India fastest,Jharkhand No.1 area: UN
According to the Global Multidimensional Poverty Index(MPI),India has lifted 271 million out of poverty between 2005-06 and 2015-16. This has significantly helped in reducing deprivations in many of the ten indicators particularly in assets, cooking fuel, sanitation and nutrition. The report has stated that among the selected countries with a significant reduction in MPI value,India… Continue reading Lifting 271 mn out of poverty in 10 yrs,India fastest,Jharkhand No.1 area: UN